Azerbaijan invests $10 billion in Karabakh, Eastern Zangezur recovery President’s special rep says

Special representative of the president of Azerbaijan in the Aghdam, Fuzuli, and Khojavend districts Emin Huseynov has announced that so far, Azerbaijan invested approximately $10 billion in the development and reconstruction of Karabakh and Eastern Zangezur.

Huseynov during a panel discussion at the Baku Climate Action Week, Caliber.Az reports.

He emphasised that the Azerbaijani government has allocated around 18 billion manats (approximately $10 billion) for reconstruction efforts, focusing on infrastructure, mineral extraction, and the establishment of social and economic institutions.

Huseynov highlighted that energy efficiency is a key priority in the restoration of the liberated territories. 

"New residential and public buildings in these areas will meet the highest standards of green construction. Solar panels, energy-efficient materials, and smart grid systems will be integrated from the ground up. These efforts align with Azerbaijan's broader commitment to reducing carbon emissions and achieving climate neutrality in line with global goals," he noted.

He also stressed that several friendly countries, including Uzbekistan and Kazakhstan, have provided support for the reconstruction of the liberated territories. Furthermore, he highlighted the crucial role of the private sector in this effort.

"The further we go in our work, the greater role the private sector will play in the financing of the restoration," Huseynov stated.

By Naila Huseynova